Comprehensive market data and analysis• Updated Oct 2026
13.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 4 | 5 |
| 1-2 acres | - | - | 3 | 5 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | 2 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | 1 | 1 | 1 |
| TOTAL | 0 | 2 | 8 | 13 |
Acreage buckets
The median price for land in Melrose, Iowa is currently $37K per acre. For a typical parcel, the median sale price is $33K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $10K while premium lots reached $186K.
Melrose, Iowa is currently a strong buyer's market with 13.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Melrose, Iowa currently has 13.5 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in Melrose, Iowa typically sells within 159 days of listing. The median time on market is 154 days. Properties are moving slowly in the current strong buyer's market.
The 3-month absorption rate in Melrose, Iowa is 7.4%. The 12-month rate is 13.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Melrose, Iowa saw 14 properties sold, totaling $2.6M in sales volume. In just the last 3 months, 2 properties changed hands.
There are currently 9 active listings in Melrose, Iowa. The median asking price is $24K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Melrose on LandyDandy.
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